Tagged: Economy

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1:33am

Thu April 5, 2012
Around the Nation

Ohio Tears Through Blighted Housing Problem

Cleveland resident Cedric Cowan was asleep on an overcast spring morning when the roaring sounds of splintering wood and falling rubble jolted him awake.

Cowan lives in a neighborhood hit hard by foreclosures. He initially thought someone was moving into the house on the other side of Fairport Avenue.

Instead, he woke that morning to find a crew tearing down the two-family house.

Over the course of three hours, an excavator smashed, crushed and ripped apart the abandoned house while a worker sprayed the rubble with a hose to keep the dust down.

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12:57pm

Wed April 4, 2012
Business

State Business Leaders Most Optimistic Since 2004

Credit Business Research Division - Leeds School of Business / University of Colorado Boulder

Colorado business leaders have a more optimistic outlook going into the second quarter of this year.That’s according to the University of Colorado’s Leeds Business Confidence Index.

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10:37am

Wed April 4, 2012
Economy

Private Hiring Signals Another Strong Jobs Report

Credit Joe Raedle / Getty Images

Jobs at U.S. businesses increased by 209,000 in March, according to a report released Wednesday by the payroll processing firm ADP. That's in line with expectations for the monthly jobs report due out Friday.

Analysts expect Friday's official employment report from the Labor Department to show that employers added 215,000 in March and that the unemployment rate remained at 8.3 percent, according to Bloomberg News.

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